Ishares Morningstar Growth Etf Market Value

JKE Etf  USD 75.63  0.23  0.31%   
IShares Morningstar's market value is the price at which a share of IShares Morningstar trades on a public exchange. It measures the collective expectations of IShares Morningstar Growth investors about its performance. IShares Morningstar is trading at 75.63 as of the 28th of March 2024, a 0.31 percent increase since the beginning of the trading day. The etf's lowest day price was 75.21.
With this module, you can estimate the performance of a buy and hold strategy of IShares Morningstar Growth and determine expected loss or profit from investing in IShares Morningstar over a given investment horizon. Check out IShares Morningstar Correlation, IShares Morningstar Volatility and IShares Morningstar Alpha and Beta module to complement your research on IShares Morningstar.
Symbol

The market value of IShares Morningstar is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Morningstar's value that differs from its market value or its book value, called intrinsic value, which is IShares Morningstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Morningstar's market value can be influenced by many factors that don't directly affect IShares Morningstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Morningstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

IShares Morningstar 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Morningstar's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Morningstar.
0.00
06/07/2022
No Change 0.00  0.0 
In 1 year 9 months and 23 days
03/28/2024
0.00
If you would invest  0.00  in IShares Morningstar on June 7, 2022 and sell it all today you would earn a total of 0.00 from holding IShares Morningstar Growth or generate 0.0% return on investment in IShares Morningstar over 660 days. The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed o... More

IShares Morningstar Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Morningstar's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess IShares Morningstar Growth upside and downside potential and time the market with a certain degree of confidence.

IShares Morningstar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Morningstar's standard deviation. In reality, there are many statistical measures that can use IShares Morningstar historical prices to predict the future IShares Morningstar's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Morningstar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
74.5175.4976.47
Details
Intrinsic
Valuation
LowRealHigh
67.5868.5683.19
Details
Naive
Forecast
LowNextHigh
74.7275.7076.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.3375.5675.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IShares Morningstar. Your research has to be compared to or analyzed against IShares Morningstar's peers to derive any actionable benefits. When done correctly, IShares Morningstar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in IShares Morningstar.

IShares Morningstar Backtested Returns

We consider IShares Morningstar very steady. IShares Morningstar holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for IShares Morningstar, which you can use to evaluate the volatility of the entity. Please check out IShares Morningstar's Risk Adjusted Performance of 0.1016, downside deviation of 0.8727, and Market Risk Adjusted Performance of (0.23) to validate if the risk estimate we provide is consistent with the expected return of 0.18%. The etf retains a Market Volatility (i.e., Beta) of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IShares Morningstar are expected to decrease at a much lower rate. During the bear market, IShares Morningstar is likely to outperform the market.

Auto-correlation

    
  0.33  

Below average predictability

IShares Morningstar Growth has below average predictability. Overlapping area represents the amount of predictability between IShares Morningstar time series from 7th of June 2022 to 3rd of May 2023 and 3rd of May 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IShares Morningstar price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current IShares Morningstar price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.07
Residual Average0.0
Price Variance29.19

IShares Morningstar lagged returns against current returns

Autocorrelation, which is IShares Morningstar etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Morningstar's etf expected returns. We can calculate the autocorrelation of IShares Morningstar returns to help us make a trade decision. For example, suppose you find that IShares Morningstar has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

IShares Morningstar regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Morningstar etf over time.
   Current vs Lagged Prices   
       Timeline  

IShares Morningstar Lagged Returns

When evaluating IShares Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Morningstar etf have on its future price. IShares Morningstar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Morningstar autocorrelation shows the relationship between IShares Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in IShares Morningstar Growth.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IShares Morningstar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IShares Morningstar's short interest history, or implied volatility extrapolated from IShares Morningstar options trading.

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When determining whether IShares Morningstar is a strong investment it is important to analyze IShares Morningstar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Morningstar's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out IShares Morningstar Correlation, IShares Morningstar Volatility and IShares Morningstar Alpha and Beta module to complement your research on IShares Morningstar.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for IShares Etf analysis

When running IShares Morningstar's price analysis, check to measure IShares Morningstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares Morningstar is operating at the current time. Most of IShares Morningstar's value examination focuses on studying past and present price action to predict the probability of IShares Morningstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares Morningstar's price. Additionally, you may evaluate how the addition of IShares Morningstar to your portfolios can decrease your overall portfolio volatility.
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IShares Morningstar technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of IShares Morningstar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Morningstar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...